Remgro Limited

Rank#2663

Market Cap6.59B

CountrySouth Africa

Summary

Remgro Limited is a principal investment firm. The firm prefers to invest in financial services, food, liquor and home care, banking, insurance, industrial, healthcare, infrastructure, information technology infrastructure services, media, and sport. It considers investments in Africa, UAE, UK, Switzerland and other international countries though investee companies. The firm typically invests in companies with significant influence and board representation. It mainly focuses on the provision of support rather than on being involved in the day-to-day management of business units of investees. Remgro Limited was founded in 1948 and is based in Stellenbosch, South Africa.

History

Remgro traces its roots from Voorbrand Tobacco Company that was founded in the 1940s by Dr Anton Rupert.Remgro was incorporated in 1968 as Rembrandt S.A. Limited , a wholly owned subsidiary of JSE listed Rembrandt Group. In 2000, the Rembrandt Group of companies underwent a corporate restructure that led to the consolidation of the group's investments from four to two publicly traded holding companies i.e. Remgro and VenFin. VenFin acquired the group's technology-orientated assets while Remgro acquired the traditional assets. After the spin-off of the BAT stake in 2008, Remgro and VenFin were merged again in 2009.

Mission

To contribute to the growth and success of the businesses in which we invest and to invest ethically and responsibly.

Vision

To be a leader in the South African investment industry and to produce superior returns for our shareholders.

References

https://en.wikipedia.org/wiki/Remgro

https://in.investing.com/equities/remgro-ltd

https://finance.yahoo.com/quote/REM.JO/profile?p=REM.JO

https://www.crunchbase.com/organization/remgro

https://companiesmarketcap.com/

https://www.remgro.com

Leadership team